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Despite higher revenue, F1 reports loss; less team prize money
Photo by: www.kymillman.com/f1 It is a bit difficult to connect the dots when it comes to Formula 1’s current state of the union. News stories suggesting Liberty Media could be divesting their ownership in part or in full, the discussions over the 2020 regulation changes and Concorde Agreement negotiations and reduced team payouts have all added to a vaporous cloud of hints, allegations and innuendos. The reality is, we only definitively know what the series shares and this week they released their financial report for 2018. It’s not a positive report from my perspective but I’m sure the series has other thoughts and they surely have a deeper understand of their position. Over the...
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7y ago from TheParcFerme.com
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